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Hedge Fund - Omega Advisors

Leon Cooperman Bio, Returns, AUM, Net Worth

Leon Cooperman started life as the son of a plumber living in the South Bronx. He worked his way into Hunter College, working as a Xerox quality control engineer in the mid-60's, until he went to Columbia Business School for an MBA. The day after Leon Cooperman graduated, he was snapped up by Goldman Sachs. There, he worked his way from conducting investment research in the company's asset management arm to becoming the general partner and chairman and CEO of Goldman Sachs Asset Management. He retired from those position at the end of 1991, after 25 years of service - but Leon Cooperman wasn't done with the financial world yet. In 1991, Leon Cooperman founded Omega Advisors, a roughly $3.4 billion hedge fund based in New York City.

Leon Cooperman started life as the son of a plumber living in the South Bronx. He worked his way into Hunter College, working as a Xerox quality control engineer in the mid-60's, until he went to Columbia Business School for an MBA. The day after Leon Cooperman graduated, he was snapped up by Goldman Sachs. There, he worked his way from conducting investment research in the company's asset management arm to becoming the general partner and chairman and CEO of Goldman Sachs Asset Management. He retired from those position at the end of 1991, after 25 years of service - but Leon Cooperman wasn't done with the financial world yet. In 1991, Leon Cooperman founded Omega Advisors, a roughly $3.4 billion hedge fund based in New York City.

Omega advisors invests in domestic public equity and hedging market.

Leon Cooperman uses this strategy that focuses on investing in value equities, while using a top down approach to select the sectors, coupled with a long short fundamental analysis. He uses a bottom-up approach to create his portfolios, benchmarking their performance against the S&P 500 index. When discussing the recent financial crisis, and its affect on the financial markets, Leon Cooperman has said, "I think all we've learned is what we already knew, is that stocks have become like commodities, regrettably, and they go up to limit and they go down to limit. And we've also known over the years that when they go down, they go down faster than they go up."

If the filing person has previously filed a statement on Schedule 13G to report the acquisition that is the subject of this Schedule 13D, and is filing this schedule because of §§240.13d-1(e), 240.13d...... (read more)

*The remainder of this cover page shall be filled out for a reporting person's initial filing on this form with respect to the subject class of securities, and for any subsequent amendment containing...... (read more)

If the filing person has previously filed a statement on Schedule 13G to report the acquisition that is the subject of this Schedule 13D, and is filing this schedule because of §§240.13d-1(e), 240.13d...... (read more)

Unlike some of the other 140 Biggest and Most Famous Activist Hedge Funds, which have seen their assets under management dwindle due to poor performance, billionaire Leon Cooperman's Omega Advisors...... (read more)

Billionaire Leon Cooperman invoked his Fifth-Amendment right against self-incrimination while the SEC was investigating him for insider trading because his lawyer disclosed that the hedge-fund manager...... (read more)

After all, activist hedge funds get most of their earnings from investing in companies and pushing them to provide more shareholder value. These funds and their managers can start off with a statement...... (read more)

Dividend Stocks attract investors due to their attractive yields and regular cash flows. Traditional fixed income instruments such as bonds and treasuries are losing their appeal owing to their very...... (read more)

The year 2016 has not been good for hedge funds, which are currently being criticized over their general underperformance. This year has also been bad for billionaire Leon Cooperman’s Omega Advisors...... (read more)

Leon Cooperman, the hedge fund billionaire accused of insider trading by the U.S. Securities and Exchange Commission, may turn to his investors as a last resort to help defray the costs of his legal battle...... (read more)

Omega Advisors is a Florida-based investment firm run by Leon Cooperman. The fund manages a $3.24 billion public equity portfolio as of September 30, down from $3.53 billion a quarter earlier. Nonetheless...... (read more)

Billionaire hedge fund titan Leon Cooperman told CNBC on Tuesday he won't enter a deal with regulators to settle insider trading charges and he insisted he has always followed the law. In a statement...... (read more)

Hedge fund manager Kyle Bass expressed frustration that the U.S. Patent and Trademark Office upheld the only patent covering Shire Plc’s colitis drug Lialda and argued that “the system must be fixed...... (read more)

Leon Cooperman's insider trading scandal is one of the most hot topics these days. The billionaire hedge fund manager is accused of having traded the Atlas Pipeline Partners stock using confidential...... (read more)

The vultures were circling Leon Cooperman's biggest positions after the SEC announced at 10:47 a.m. ET Wednesday it was charging the billionaire and his firm Omega Advisors with insider trading. The speculation...... (read more)

With interest rates still at historical lows, bonds have failed to appease investors' appetite for yield. What many investors have done is replaced bonds with dividend stocks that reward shareholders...... (read more)